AUD/CHF broke resistance zone

20:48 12.07.2018

AUD/CHF broke resistance zone

Next buy target - 0.7500

AUD/CHF recently broke the resistance zone lying between the resistance level 0.7400 (former strong support from May) and the 38.2% Fibonacci correction of the previous downward impulse from the start of June. The breakout of this resistance zone accelerated the active minor correction 2. AUD/CHF is expected to rise further toward the next buy target at the next resistance level 0.7500.